Idaho Statutes

§ 28-1-205 — REASONABLE TIME — SEASONABLENESS

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 2. GENERAL DEFINITIONS AND PRINCIPLES OF INTERPRETATION·Ch. 1 UNIFORM COMMERCIAL CODE — GENERAL PROVISIONS
(a)Whether a time for taking an action required by the uniform commercial code is reasonable depends on the nature, purpose, and circumstances of the action.
(b)An action is taken seasonably if it is taken at or within the time agreed or, if no time is agreed, at or within a reasonable time.

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Legislative History

[(28-1-205) 28-1-204, added 1967, ch. 161, sec. 1-204, p. 351; am. and redesig. 2004, ch. 43, sec. 15, p. 148.]

Nearby Sections

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